Aircraft
Argus: 'Different Dynamics at Play' with Dip in Q1 Bizav Ops
Global bizav operations slide in first half
NetJets aircraft (Photo: Photo: NetJets Association of Shared Aircraft Pilots)
Fractional operations increased in the first half of 2023, but all categories of aircraft saw few flights, Argus reported. (Photo: NetJets Association of Shared Aircraft Pilots)

Business aircraft activity experienced a notable shift in the first half of the year with consistent declines in the Part 135 market, a jump in fractional operations, and a mostly flat Part 91 sector, Argus reported in its newly released Mid-Year Business Aviation Review. Globally, business aviation flight activity ebbed by 2.6 percent during the first six months versus the first half of 2022.

“We are six months into 2023 and different dynamics are at play in the broader business aviation market, compared to the prior years,” the aviation safety and data specialist said. “We are no longer seeing the consistent growth on top of growth that was so prevalent in the post-Covid days.”

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